Apartment Transactions Ease in 2025’s 1st Quarter
https://www.realpage.com/analytics/apartment-transactions-1q-2025/
Five apartment communities changed hands for more than $180 million in 1st quarter.
Five apartment communities changed hands for more than $180 million in 1st quarter.
U.S. job growth was better than expected in September, surging as the Federal Reserve cut interest rates for the first time in four years.
U.S. job growth is slowing, but remained healthy in June, outpacing economists’ predictions.
Hiring among U.S. employers was weaker than expected in August, and major downward revisions were made for June and July.
Employment additions were well beyond economists’ expectations in May.
Among the nation’s largest transactions in 2023, several apartment communities sold for over $200 million.
The U.S. economy has now added jobs for 47 consecutive months, the third-longest period of job base expansion on record dating back to 1939.
Job gains remain relatively strong across the U.S., but there are signs of slowing.
Washington, DC has posted a remarkably steady delivery pipeline over the last five years.
The Cleveland apartment market has logged solid performance fundamentals lately, as occupancy and rents hold strong in the face of limited supply.